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1k broken unbelievable

bro you bought 1 call and will make $2500..a call is nothing without conviction. unless your entire account is $10000 YOU are the biggest loser here because you had the right call, and even put a lottery type trade on, made 10-1 on your money and only make $2500...I would hate to be you.

will update today instead of tomorrow. main reason for early update is milestone account value Account value: $70,015 Today was a very nice relief rally I was waiting for. I've been selling puts on KO and taking some pretty serious heat until the last week and I'm finally nicely green on...

just bought more IBM, IBM now represents about 12% of my total portfolio, will add more at 165 and 155 if allowed. ARCP is now up about 5% looking to sell oxy around 100 and afl around 70

1. more sellers than buyers?

I am currently long pretty sizable amounts both AFL and OXY and currently have about 24% and 18% gains in both respectively. My questions is at what point would you start taking the gains? they both dont have any short term resistance and are both going against the market with great strength...

I personally believe in 3 years JCP is either worth $0 or $30..I also would very much like to get long right here but can't get myself to pull the trigger. It's these kind of moves that can make a career.

what happened to holding til 1800? nice trade regardless

ARCP up 4% since I bought it yesterday, this is when I get into a bad spot. A big part of me knows I should take the 4% in under 24 hours, but I originally buy this as a swing trade to 15ish..

bought ARCP @12.45 this morning

I know you were doing quite well which is the only reason I was following this. Then I was pretty disappointed to see you put on a short with a confirmed higher low in and then add..at any rate best of luck to you. for what its worth my target of initiating a short would be about 173-175 spy

In theory you need to actually do the opposite if you want to do this. Write puts in high IV (stock down, 52WL, etc) write calls in low IV (stock up, 52WH, etc) writing puts in low IV would mean (generally) a rising market, stocks at highs (correction around the corner). and then writing...

This trade is why your 4 other journals have failed and you are now trading paper. http://finviz.com/quote.ashx?t=spy&ty=c&ta=1&p=d The higher low has been established and the trend is up..why are your shorting into that? wait for a lower low or a lower high..

my opinion is close this trade out here. You should probably (luckily) be in an overall profit. tips for next time: do not under any circumstance revenge trade, which is what you did here and got away with.

well.. I guess that's a good way to manage the trade. But something you need to ask yourself is 2 days ago you thought CVX would close above 118, now you believe it will close below 118. My question for you is did you actually have a bullish view on the stock 2 days ago and do you actually...

so how are you managing this trade as you are taking some pretty serious heat, down 40% I believe? or close to it. Are you willing to just hold til expiration and take the $800+ loss is needed?

I wasn't looking to define deflation, just give several reasons why a default would drive rates even lower, but yes you are right.

the real reason..because default or not, treasuries are still the safest asset on the planet at the moment. a treasury default would be bad for treasuries, but would be worse for everything else. A default will drive rates even lower as people flock to the safest asset during an economic crisis...

I like the trade but interested to hear your thoughts behind it. Today marks CVX's first lower low coming off the first lower high on the yearly chart, why choose today to initiate this trade? In addition CVX had a recent double top and CVX price just broke below the 200 dma. Overall seems...

Also any advice on this topic is appreciated. If anyone ever went through a similar decision or whatever